Carbon Emissions: Bitcoin's crazy energy consumption

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Bitcoin’s global electricity usage​

In 2020 BTC mining used 75.4 TWh yr−1 of electricity, which is more energy than used by Austria (69.9 TWh yr−1 in 2020) or Portugal (48.4 TWh yr−1 in 2020).

 

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Bitcoin mining’s climate damages demonstrates closer resemblance to digital crude than digital gold​

https://www.nature.com/articles/s41598-022-18686-8

 

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April 19, 2024 - Bitcoin Halving: electricity demand to mine one bitcoin has doubled since the April 19 halving event
https://www.spglobal.com/commodityi...ine,Insights Bitcoin Energy Consumption Index.